TANDLÆGE MILTON RASMUSSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TANDLÆGE MILTON RASMUSSEN ApS
TANDLÆGE MILTON RASMUSSEN ApS (CVR number: 20498978) is a company from ODENSE. The company recorded a gross profit of -15.9 kDKK in 2023. The operating profit was -1374.6 kDKK, while net earnings were 312.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 70.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TANDLÆGE MILTON RASMUSSEN ApS's liquidity measured by quick ratio was 3.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -86.46 | - 151.20 | -89.46 | -35.80 | -15.90 |
EBIT | - 957.26 | - 950.84 | - 755.25 | - 990.66 | -1 374.65 |
Net earnings | 598.18 | 586.15 | 1 025.31 | 71.40 | 312.30 |
Shareholders equity total | 2 534.03 | 3 009.59 | 3 921.90 | 3 878.90 | 4 073.40 |
Balance sheet total (assets) | 3 700.72 | 4 242.80 | 5 321.49 | 5 242.06 | 5 744.68 |
Net debt | -2 759.30 | -2 167.56 | -3 584.32 | -3 724.57 | -4 420.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.9 % | 22.1 % | 30.4 % | 15.2 % | 9.7 % |
ROE | 26.1 % | 21.1 % | 29.6 % | 1.8 % | 7.9 % |
ROI | 38.0 % | 26.3 % | 35.9 % | 20.3 % | 13.3 % |
Economic value added (EVA) | -1 288.89 | -1 247.49 | - 744.23 | -1 204.28 | -1 669.46 |
Solvency | |||||
Equity ratio | 68.5 % | 70.9 % | 73.7 % | 74.0 % | 70.9 % |
Gearing | 37.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.1 | 3.4 | 3.5 | 3.6 | 3.3 |
Current ratio | 3.1 | 3.4 | 3.5 | 3.6 | 3.3 |
Cash and cash equivalents | 2 759.30 | 3 297.29 | 3 584.32 | 3 724.57 | 4 420.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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